Index Investing: From Theory to Practice · Dr MAI Huu Minh, TRAN Phan Bao Ngoc & HUYNH Nguyen Quoc BuuChapter 21 of 37 · Module 6: Invest
CHAPTER 21
Index Investing in Vietnam and Asia
Local benchmarks, foreign limits, market upgrades and regional choices
Opening question
“Vietnam has just been upgraded to emerging-market status. Should I buy a VN30 ETF, a global fund, or both — and what does the upgrade really change for an index investor?”
In this chapter
- The structure of Vietnam's stock market: HOSE, HNX and UPCoM
- The local benchmarks and the domestic ETFs and index funds that track them
- Foreign-ownership limits and their effects on indexes and prices
- Market classification: FTSE Russell's upgrade of Vietnam and the MSCI question
- Estimating passive flows from an index inclusion — and how long they take to trade
- An overview of Asian markets for index investors
- Currency risk and home bias
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This chapter is in the full book
Chapter 1 is free to read online. The full text of chapter 21 — with its tables, figures, worked examples and practice lab — is available in the complete edition of Index Investing: From Theory to Practice (Volume 1, NXW Investment Library).
Read Chapter 1 freeGet the full book — contact@nxw.vnSections of this chapter
21.1 Why markets differ
21.2 The structure of Vietnam's stock market
21.3 The local benchmarks
21.4 Domestic ETFs and index funds
21.5 Foreign-ownership limits
21.6 Market classification and reforms
21.7 Estimating index-inclusion flows
21.8 Asian markets for the index investor
21.9 Currency risk and home bias